Cintas Historical Balance Sheet

CTAS Stock  USD 665.00  3.71  0.56%   
Trend analysis of Cintas balance sheet accounts such as Short Long Term Debt Total of 3.2 B, Other Current Liabilities of 1.1 B or Total Current Liabilities of 1.5 B provides information on Cintas' total assets, liabilities, and equity, which is the actual value of Cintas to its prevalent stockholders. By breaking down trends over time using Cintas balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Cintas latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Cintas is a good buy for the upcoming year.

Cintas Inventory

1.83 Billion

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cintas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Cintas Stock please use our How to Invest in Cintas guide.

About Cintas Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Cintas at a specified time, usually calculated after every quarter, six months, or one year. Cintas Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Cintas and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Cintas currently owns. An asset can also be divided into two categories, current and non-current.

Cintas Balance Sheet Chart

Cintas Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Cintas uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Cintas' Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 94.9 M in 2024, despite the fact that Other Stockholder Equity is likely to grow to (6.7 B).

Total Assets

Total assets refers to the total amount of Cintas assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Cintas books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Cintas balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Cintas are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Cintas' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Cintas current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cintas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Cintas Stock please use our How to Invest in Cintas guide.At this time, Cintas' Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 94.9 M in 2024, despite the fact that Other Stockholder Equity is likely to grow to (6.7 B).
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total3.0B2.7B3.1B3.2B
Total Assets8.1B8.5B9.8B10.3B

Cintas balance sheet Correlations

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Click cells to compare fundamentals

Cintas Account Relationship Matchups

Cintas balance sheet Accounts

201920202021202220232024 (projected)
Total Assets7.7B8.2B8.1B8.5B9.8B10.3B
Short Long Term Debt Total2.7B2.7B3.0B2.7B3.1B3.2B
Other Current Liab611.2M760.4M352.2M884.1M1.0B1.1B
Total Current Liabilities885.2M1.9B1.4B1.2B1.4B1.5B
Total Stockholder Equity3.2B3.7B3.3B3.9B4.4B4.7B
Property Plant And Equipment Net1.6B1.5B1.5B1.6B1.8B1.9B
Net Debt2.6B2.2B2.9B2.5B2.9B3.1B
Retained Earnings7.3B7.9B8.7B9.6B11.0B11.6B
Cash145.4M493.6M90.5M124.1M142.8M135.5M
Non Current Assets Total5.4B5.4B5.5B5.6B6.4B6.8B
Non Currrent Assets Other(127.8M)(76.2M)(129.7M)100.5M90.4M94.9M
Cash And Short Term Investments145.4M493.6M90.5M124.1M142.8M181.6M
Net Receivables870.4M924.0M1.0B1.2B1.3B1.4B
Common Stock Shares Outstanding107.0M107.7M105.5M103.4M93.0M110.4M
Liabilities And Stockholders Equity7.7B8.2B8.1B8.5B9.8B10.3B
Non Current Liabilities Total3.5B2.6B3.4B3.5B4.0B4.2B
Inventory1.2B1.3B1.4B1.5B1.7B1.8B
Other Current Assets114.6M133.8M124.7M142.8M164.2M183.4M
Other Stockholder Equity(5.0B)(5.6B)(7.3B)(7.8B)(7.1B)(6.7B)
Total Liab4.4B4.5B4.8B4.7B5.4B5.7B
Property Plant And Equipment Gross1.6B1.5B1.5B1.6B1.8B1.9B
Total Current Assets2.3B2.8B2.6B2.9B3.4B3.5B
Accumulated Other Comprehensive Income(153.4M)30.9M107.9M77.8M89.4M93.9M
Short Term Debt43.0M942.9M355.4M43.7M50.3M47.8M
Accounts Payable231.0M230.8M251.5M302.3M347.6M365.0M
Common Stock Total Equity1.1B1.4B1.8B2.0B2.3B2.5B
Common Stock1.1B1.4B1.8B2.0B2.3B2.5B
Other Assets409.1M450.9M560.3M344.1M395.7M226.6M
Long Term Debt2.5B1.6B2.5B2.5B2.9B3.0B
Property Plant Equipment1.4B1.4B1.5B1.4B1.6B1.1B
Good Will2.9B2.9B3.0B3.1B3.5B1.9B
Intangible Assets451.5M408.4M391.6M346.6M311.9M274.0M
Treasury Stock(4.7B)(5.2B)(5.7B)(7.3B)(6.6B)(6.2B)
Other Liab732.3M721.4M779.7M793.2M912.2M957.8M
Net Tangible Assets(86.3M)279.4M(126.4M)461.2M415.1M435.8M
Retained Earnings Total Equity7.3B7.9B8.7B9.6B11.0B5.9B
Long Term Debt Total2.5B1.6B2.5B2.5B2.9B2.1B
Capital Surpluse245.2M227.9M171.5M98.9M113.7M177.7M

Cintas Investors Sentiment

The influence of Cintas' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cintas. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cintas' public news can be used to forecast risks associated with an investment in Cintas. The trend in average sentiment can be used to explain how an investor holding Cintas can time the market purely based on public headlines and social activities around Cintas. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cintas' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cintas' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cintas' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cintas.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cintas in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cintas' short interest history, or implied volatility extrapolated from Cintas options trading.

Pair Trading with Cintas

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cintas position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cintas will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Cintas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cintas when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cintas - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cintas to buy it.
The correlation of Cintas is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cintas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cintas moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cintas can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cintas is a strong investment it is important to analyze Cintas' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cintas' future performance. For an informed investment choice regarding Cintas Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cintas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Cintas Stock please use our How to Invest in Cintas guide.
Note that the Cintas information on this page should be used as a complementary analysis to other Cintas' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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Is Cintas' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cintas. If investors know Cintas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cintas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.223
Dividend Share
5.2
Earnings Share
14.47
Revenue Per Share
92.516
Quarterly Revenue Growth
0.099
The market value of Cintas is measured differently than its book value, which is the value of Cintas that is recorded on the company's balance sheet. Investors also form their own opinion of Cintas' value that differs from its market value or its book value, called intrinsic value, which is Cintas' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cintas' market value can be influenced by many factors that don't directly affect Cintas' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cintas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cintas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cintas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.